94% of all Bitcoin in profit hints that $69K BTC price was a local top
Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
Bitcoin faces limited time to convince that it is "actually strong" as cooling BTC price action sticks around.
Trusted US Bitcoin exchange River now offers a bitcoin yield on dollars through its Bitcoin Interest on Cash feature — a great addition to the platform for Bitcoin enthusiasts and normies alike.
October 22, 2024, 3:19 pmBitaxe founder Skot not only created the first ever open-source ASIC-based Bitcoin miner, but he’s inspired over 4,000 others to contribute to open-source Bitcoin mining projects.
October 22, 2024, 2:41 pm
Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations.
"Just like Satoshi left a million Bitcoin to the universe, so I’m leaving whatever I’ve got to the civilization,” the MicroStrategy co-founder said.
One U.S.-based market research firm still has a cautious outlook, maintaining a "neutral" rating on both Bitcoin and Ethereum.
Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.”
Some argue self-custody, if nothing else, is the core of Bitcoin, the fact that you can trust no one but yourself to hold and safeguard your wealth.
Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?
Bitcoin transaction volume analysis hints that retail interest is slowly returning in line with BTC price upside.
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, lost 2.1%.
BlackRock's Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21.
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